April 11, 2008

Whats it worth?

Gasoline - Miracle Fuel
Some small businesses are asking for government fuel price controls. The Grouchy Old Cripple, never one to pussyfoot around an issue, runs it down for those who think oil companies are the problem and government is the solution.

The above image is that of an old gas pump globe from a 2006 auction in Des Moines of gasoline memorabilia. Some day it will all be memorabilia but for now it's serious business. I cringe at the thought of price controls. I'd prefer the gas to be available even if I couldn't afford to buy much of it than to have it priced so artificially low that the pumps would run dry the next time a crisis erupts.

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